Why Live in Bishops Knoll
Bishops Knoll, a suburban neighborhood in San Luis Obispo, is located about 1 mile northwest of downtown and 1 mile northeast of California Polytechnic State University. This area is popular among university students, employees, and families with young children. The neighborhood is known for its mid-20th-century ranch-style homes, many of which have been updated over the years. Residents enjoy access to highly rated schools, including Bishop’s Peak Elementary, Laguna Middle, and San Luis Obispo High. Outdoor enthusiasts can explore hiking trails at Bishop Peak and Cerro San Luis, offering panoramic views from over 1,200 feet. Santa Rosa Park, just east of Highway 1, features a playground, sports fields, a skate park, and a roller rink. For daily needs, California Fresh Market and various local eateries like Raku Ramen and Milestone Tavern are conveniently located on Foothill Boulevard. Downtown San Luis Obispo, 1 mile away, offers retail shopping and hosts events like the weekly Downtown SLO Farmers Market and summer Music in the Plaza concerts. The San Luis Obispo Museum of Art and Fremont Theatre provide cultural experiences, while the San Luis Obispo Performing Arts Center on Cal Poly’s campus hosts larger events. Residents can easily bike to campus or downtown. For longer commutes, Highway 1 is just east of the neighborhood and leads to Highway 101 about a mile south. The San Luis Obispo County Regional Airport is about 5 miles southeast, providing nonstop flights to major western hubs.
Frequently Asked Questions
Is Bishops Knoll a good place to live?
Bishops Knoll is a good place to live. Bishops Knoll is considered car-dependent and somewhat bikeable with some transit options. It is very dense in population with 23.0 people per acre and a median age of 28. The average household income is $125,184 which is above the national average. College graduates make up 65.8% of residents. A majority of residents in Bishops Knoll are renters, with 68.6% of residents renting and 31.4% of residents owning their home. A
local real estate agent serving Bishops Knoll can help you decide if this neighborhood is the right one for you. Learn more on our
Bishops Knoll neighborhood guide.
Is Bishops Knoll, CA a safe neighborhood?
Bishops Knoll, CA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Bishops Knoll?
The median home price in Bishops Knoll is $1,054,500. If you put a 20% down payment of $210,900 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $5,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $234K a year to afford the median home price in Bishops Knoll. The average household income in Bishops Knoll is $125K.
What are the best public schools in Bishops Knoll?
The best public schools that serve Bishops Knoll are:
What are the best private schools in Bishops Knoll?
The best private schools that serve Bishops Knoll are:
What are the most popular zip codes in Bishops Knoll, San Luis Obispo, CA?
What are the most popular neighborhoods near Bishops Knoll, San Luis Obispo, CA?
Home Trends in Bishops Knoll, CA
On average, homes in Bishops Knoll, San Luis Obispo sell after 24 days on the market compared to the national average of 51 days. The median sale price for homes in Bishops Knoll, San Luis Obispo over the last 12 months is $1,069,950, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$1,069,950
Median Single Family Sale Price
$1,099,900
Average Price Per Sq Ft
$765
Number of Homes for Sale
2
Last 12 months Home Sales
8
Median List Price
$1,054,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%